Stetter Mark 4

What Happened
Mark Stetter, a member of Zoetis Inc.'s board of directors, was granted 215.536 phantom stock units on 2026-03-19. The units were valued at $115.99 each for a total award value of $25,000. This transaction is an award/deferral (derivative units), not an open-market purchase of actual shares.

Key Details

• Transaction date: 2026-03-19; filing date: 2026-03-20 (timely filing).
• Transaction type/code: A (Grant/Award — derivative phantom stock units).
• Units granted: 215.536 phantom stock units at $115.99 per unit; total reported value $25,000.
• Shares/units owned after transaction: Not specified in the filing.
• Footnotes: (F1) Units were acquired under the Zoetis Amended & Restated Non‑Employee Director Deferred Compensation Plan as a deferral of cash retainer fees (including dividend equivalents). (F2) Each phantom stock unit equals one share of Zoetis common stock. (F3) Units will be settled in cash following the director’s separation from service.

Context
Phantom stock units are a deferred-compensation instrument tied to the company’s share value; they do not represent current voting stock and will be paid in cash after the director leaves service. Such grants are routine for non-employee directors and reflect compensation deferral rather than an outright market purchase or sale.